PMINJ 2017 March Meeting

Abstract

Strategy and strategic change are key words / themes that are central to the success of any business organization in any industry. These topics have gained sufficient bandwidth / attention in the corporate world (especially at the turn of the century) that the leadership in many organizations are seeking ‘silver bullets’ in order to stay ahead of competition and to retain market leadership position at all times. Typical strategic plans aim to look over the longer term, trying to get a “crystal ball” of the likely changes in the market place, deriving their annual plans from the long-term plan and deploying a robust implementation plan to track and monitor the effectiveness of those plans.

To support the implementation of those strategies, many companies have resorted to the use of many of the tried and tested Quality Tools / Business Models. This presentation will cover the success story of the Tata Group (US $ 100 B in Revenues), how this program started with its humble beginnings in the mid-90s, covering about 100 companies and an employee base of 600,000 people to a situation today where the Tata brand is now an international benchmark and services are comparable to the best in class. Quality occupied center stage in Board meetings, got ingrained into the ethos of the Tata culture as each of the 100 companies strove to be best in class to retain and protect the Tata Brand.

If we switch to today’s context given all the vagaries of the changing dynamics, this presentation will also highlight how the use of Lean Six Sigma as a tool has helped and is helping many companies to achieve their strategic objectives i.e., drive costs down, enhance top line growth and work as an enabler to increase shareholder value. An approach that is of practical value is also presented.

Speaker

Monthly
Speaker

Bio:
Sitaraman (SA) Vaneswaran, President & CEO Shreya Business Solutions, LLC is a key change agent in propelling corporations, delivering strong, bottom-line impacts through implementation of breakthrough strategies and reengineering Business Processes to drive best-in-class-level performance. He brings an in-depth experience and familiarity with use / application of problem-solving tools, including Design of experiments (DOE), Kaizen, Statistical Process Control, Quality Function Deployment, Six Sigma Quality, Value Stream maps and FMEA.

As Director of Quality at Alcatel-Lucent, he led various efforts including Reengineering Business Processes in supply chain to eliminate non-value adding costs and compliance to information security (ISO 27001), SA 8000, ISO 9000 / TL 9000. He also led a team charged to drive and reengineer Business Processes to deliver bottom-line impacts through use of Lean and Six Sigma Principles, and served as program lead, driving Information Security Compliance to ISO 27001 requirements across 50 countries covering 3000 employees
Prior to joining Alcatel Lucent, he was Chief Executive Officer at Tata Quality Management Services, India where he improved Product / Service Quality to best-in-class levels for the Tata Group (US $ 100 B in Revenues, over 600,000 employees), successfully positioning the group as a major global player.

SA is co-author of “Implementing Strategic Change — Tools for Transforming an Organization”, an ASQ Certified Six Sigma Black Belt, a certified ISO / TL 9000 Lead Assessor and holds a Masters in Electrical Engineering from Indian Institute of Technology, India.

21 March 2017 - Edison - Pines Manor

PDP Information

Abstract

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